SMCI Shares Rally After Exec Says Order Strength Remains Strong, Q2 Earnings Sails Past Estimates

• The company expects net sales of at least $12.3 billion for the third quarter of fiscal year 2026 ending March 31, 2026, above Wall Street projections of $10.2 billion. 
• A SMCI executive said that despite supply chain challenges in the industry, SMCI’s global manufacturing team executed well in delivering record revenue orders. 
• The upbeat results made the stock the top trending stock on Stocktwits platform. 

Super Micro Computer (SMCI) shares jumped nearly 5% in after-hours trading on Tuesday after it reported a 122% jump in its second quarter net sales as demand for its services remained strong. 

At the time of writing the stock was the top trending stock on Stocktwits' platform. 

“Despite supply chain challenges in the industry, our global manufacturing team executed well in delivering record revenue orders. Order strength remains strong from global large data center and enterprise customers, AI, GPU platforms, which represent over 90% of Q2 revenue continue to be the key growth driver,” a SMCI executive said in an analyst call. 

Upbeat Q2 Earnings

SMCI reported net sales of $12.7 billion compared to $5.7 billion in the same period year-ago. The sales figure sailed past analyst estimates of $10.34 billion, as per fiscal.ai. 

Adjusted and diluted net income per common share of $0.69 in the second quarter, above analyst estimates of $0.49 per share. 

“With our leading AI server and storage technology foundation, strong customer engagements, and expanding global manufacturing footprint, we are scaling rapidly to support large AI and enterprise deployments while continuing to strengthen our operational and financial execution,” said Charles Liang, Founder, President and CEO of Super Micro.

Outlook

The company expects net sales of at least $12.3 billion for the third quarter of fiscal year 2026 ending March 31, 2026, above Wall Street projections of $10.2 billion. 

It further expects adjusted net income per diluted share of at least $0.60 for its third quarter, below analyst expectations of $0.54 per share. 

How Did Stocktwits Users React?

Retail sentiment around SMCI trended in ‘extremely bullish’ territory amid ‘extremely high’ message volume.

One user said ‘double down your shares and hold strong, we should see at least 100% gain’.

Another bullish user said that SMCI has become their favourite stock and they will hold the stock until it crosses the $100 mark. 

Shares in the company have risen 9% over the past 12 months. 

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